BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Stock Price Up 0.1% – Should You Buy?

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV)’s stock price shot up 0.1% during trading on Monday . The stock traded as high as $10.65 and last traded at $10.56. 8,347 shares changed hands during mid-day trading, an increase of 165% from the average session volume of 3,149 shares. The stock had previously closed at $10.55.

BlackRock Virginia Municipal Bond Trust Stock Performance

The stock’s 50 day moving average price is $10.88 and its 200-day moving average price is $10.66.

BlackRock Virginia Municipal Bond Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be issued a $0.0455 dividend. The ex-dividend date is Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BlackRock Virginia Municipal Bond Trust stock. Raymond James Financial Inc. bought a new stake in shares of BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,999 shares of the company’s stock, valued at approximately $42,000.

BlackRock Virginia Municipal Bond Trust Company Profile

BlackRock Virginia Municipal Bond Trust (NYSE American: BHV) is a closed-end management investment company that seeks to provide high current income exempt from regular federal and Virginia state income taxes. The trust pursues this objective by investing primarily in investment-grade municipal securities, with a focus on bonds issued by entities located in or serving the Commonwealth of Virginia.

BHV’s portfolio typically consists of general obligation and revenue bonds, including those issued by state and local governments, public authorities, and other municipal issuers.